Microsoft announced record-breaking quarterly earnings that significantly surpassed analysts' expectations, driven by strong performance in its cloud computing and AI divisions. The company reported a staggering $68.9 billion in revenue for the quarter, marking a 20% increase compared to the same period last year. A primary driver for this success was the Azure cloud platform, which saw its revenue grow by an impressive 32%. The market reaction to the announcement was overwhelmingly positive. In pre-market trading, Microsoft's stock price surged by over 8%, reflecting strong investor confidence. This positive momentum also lifted other major technology stocks, contributing to a notable gain in the NASDAQ composite index. The strong performance is seen as a signal of robust health in the tech industry and continued high corporate investment in digital transformation.